When working at Apple, performance is everything. Beyond your salary, if you perform well, the company compensates you with holdings of stock slowly released over a 4-year period. You know them as restricted stock units (RSUs), rewarded every October during your review. And they are the most financially impactful asset the company provides.
The two videos included below provide detailed explanations of the vesting process, share accumulation, and the taxation of shares received therein.
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SCHEDULE A MEETINGFor some Apple employees, it can be a baffling yearly experience to find more taxes are owed than expected. Often, the question is left unanswered as to why this occurs annually. The answer is usually quite simple – RSU withholdings. By default, Apple withholds 22% for Federal taxes and 10.23% for CA taxes. *Note: Above...
Read MoreWhen selling Apple stock, it is very important to ensure the correct lots are sold based on your individual goals and objectives. Picking the wrong lots can cause large and unexpected taxes. We regularly advise our clients in selecting lots to sell. The subsequent instructions are an overly simplified means of how we may provide...
Read MoreApple stock can trade in a wide range throughout a calendar year. There are occasions when AAPL increases or decreases in value quickly. Selling AAPL after it has risen substantially is the goal for many Apple employees. However, if an employee is subject to blackout, they can miss out on an opportunity to sell AAPL....
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